Tag: Oil And Gas
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Environmentalists worry about impact of Trump’s election on oil and gas policies
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The re-election of President Donald Trump has thrown the environmental community into a tizzy over how his new policies on oil and gas exploration might affect climate change. Organizations including the Natural Resources Defense Council, the Sierra Club and the Environmental Defense Fund have expressed significant concern about potential rollbacks of policies aimed at reducing…
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Colorado oil and gas debate highlights tension between industry interests and environmental protection
Colorado Oil and Gas Association rep squares off against one from Wild Earth Guardians.
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Colorado secures $12 million grant to cut methane, cap some oil and gas wells
Gov. Jared Polis announced on Friday that Colorado has secured a $12.6 million grant to reduce methane emissions across the state. Colorado’s Energy & Carbon Management Commission (ECMC) will use the funding from the U.S. Environmental Protection Agency (EPA) to cut methane and other greenhouse gas emissions through voluntary and permanent plugging, remediation, and reclamation…
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Oil & gas industry supporters rally at Colorado state Capitol against proposal to end new drilling
Representatives of Colorado’s oil and gas industry, along with hundreds of supporters, gathered on the west steps of the state Capitol on Wednesday for a rally opposing a proposal to ban all new oil and gas drilling by 2030. Senate Bill 24-159 is scheduled to be heard on Thursday in the Agriculture and Natural Resources Committee. Dan…
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EPA demands more information on flaring at Colorado oil and gas facilities
In a ruling, the Environmental Protection Agency ordered the Colorado Department of Health and Environment to revise permits issued for four oil and gas facilities following a petition that challenged state regulations on equipment used in oil and gas production. Some of the processes involved in oil and gas production use some natural gas that…
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Oil and gas company sues Colorado, argues $113 million remediation price tag is illegal
An oil and gas developer shut down last February by a state commission has filed a lawsuit claiming the latter’s demand for $113 million in financial assurances for well remediation is unfair and illegal. K.P. Kaufmann Co., a family-owned business that employs more than 150 people, is suing over a ruling by Colorado’s since-renamed Energy…
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Air pollution officials approve new ozone-fighting rules
New regulations to help control ozone pollution that critics call “punitive” and “ineffective” were approved, but not formally enacted, during a rulemaking proceeding before the Air Quality Control Commission last week. The regulation’s final wording won’t go into effect until Feb. 15-16, when final approval is expected at the commission’s regular meeting. The public hearing…
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Federal government disburses $18 billion in energy revenues
Colorado is getting $153 million of more than $18 billion in revenues generated by energy production on federal and tribal lands in fiscal year 2023, which ended on Sept. 30. Colorado ranked fourth in the amount of revenues doled out to the states, trailing New Mexico, Wyoming and Louisiana. The Department of the Interior’s Office…
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Denver International Airport permanently caps dozens of oil and gas wells
Denver International Airport completed the capping of 64 oil and gas wells and removal of 38 tank batteries on the airport property on Aug. 12, part of a $12.5 million program to support the airport’s mission to become “one of the greenest airports in the world.” Airport authorities said the wells once produced a positive…
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Chevron planning to lay off Colorado workers after acquisition of PDC Energy Inc.
Chevron Corp. oil company is laying off “at least one-third” of employees at two locations in Denver and Evans shortly after spending $7.6 billion in a stock-and-debt transaction to buy Denver-based PDC Energy Inc., according to a letter obtained by The Denver Gazette. “These terminations will commence on October 31, 2023, and are due to…